The implementation of the revised Electronic Transfer Levy (E-Levy) rate of one per cent on electronic transactions by Airtel Mobile Commerce (Ghana) Limited, GCB G-Money, Mobile Money Limited, Vodafone Mobile Financial Services Limited and Zeepay Ghana Limited will begin today.
According to the Ghana Chamber of Telecommunications, this follows the directive from the Commissioner General of the Ghana Revenue Authority (GRA).
This was contained in a statement issued by the Ghana Chamber of Telecommunications and copied to the Ghanaian Times in Accra yesterday.
“As captured in the Electronic Transfer Levy (Amendment) Act, 2022, Act 1089 which has been passed by parliament and assented to by the President, the levy on electronic transfers has been reduced from 1.5 per cent to one per cent, while the GH¢100 threshold remains unchanged,” the statement stated.
As such, the Chamber assured the general public that its members were working assiduously with the GRA and other key institutions, to ensure a seamless implementation of the revised levy.
The Ghana Chamber of Telecommunication is an industry and a private initiative by the mobile network operators.
It is an advocacy institution established to help direct telecommunications policy, legislation and regulation, and pursue research towards the development of telecommunications industry.
It works through direct engagements with government institutions, civil society and other stakeholders as well as consumers to shape the mobile ecosystem and maximise the socio-economic benefits of mobile money in Ghana.
The Chamber was registered in 2010 and inaugurated in 2011.
BY TIMES REPORTER
